Historical Newspapers of South Carolina

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PROPOSED C WAR1 John L. McLaurin i lave rrepareu Is Believed W sion of Supi "Tho remedy wo propose is to bring the producer and spinner together through a i system of government warehouses, which will, as sure as fate, become tho basis of a i foreign and domestic system of banking which will produce the interest rat.es suid relegate money 10 its only legitimate nine tiun?a medium of exchange." This state- , mont is made by John L. McLaurin ami E. i W. Dabbs. members of a special commit- s tee of the South Carolina State Farmers' l union, which was appointed several days i ago to prepare a cotton warehouse act to i be introduced in the next general assem- i bly. The measure is designed to take the i place of the aet thut was recently declared , unconstitutional by the supreme court, t An address to the citizens of the State hits j been issued. Under the new act the commissioners are to receive ?5,000 a year and all travel- v ing expenses while in the discharge of , their duties. An appropriation of $50,out) t to put the act into immediate operation is . provided. The system will become sell'- j. sustaining after the act is put into opera- ( tion. , The following address has issued ( to the citizens of the State: 1 At the annual meeting of the State un- , ion, held in Columbia on July the un ?-ova umh'IK.tiul ta Hll Jill. dress to the people on cotton marketing I ami to draft a hill for introduction at tin* j next session of the general assembly, which will be in conformity with the re cent decision of the supreme court on the State warehouse act. A Vital Principle. We herewith submit a measure embrac- | ingnotonlya State owned and operated j warehouse system, but also intended to standardize cotton grades ami baling, so i that the stuiun of South Carolina will be accepted the world over at its face value as it guarantee or merit. It i;- recognized as a vital business prin ciple today that consolidation, not coinpe How's This? We offer One Hundred Dollars Rff ; vard for any case of Catarrh that : cannot be cured by Hall's Catarrh Cure. . ; F. J. CHENEY & CO.. Toledo, O. "We, the undersigned, have known F. J. Cheney for the last 15 years, and believe him perfectly honorable in all business transactions and financially able to carry out any obligations made t>y nis nrra. NATIONAL BANK OF COMMERCE, ,. Toledo, O, Hall's CatarrK Cure la taken Internally, acting directly upon the blood and mu pous surfaces of the system. Testimonials ent free. Price 75 cents per bottle. Sold fey all Druggists. ' a \ . Take Hali'a Family Pills for constipation. q | The Cream of t Specially imported; s New Orleans, Amei Panitat inAriallv l-iaz-l vu|/iviu I o^vviuiy i/uvi proof, dust-prooi, fresh a VERY SP$?IA perfection Did by in this town. VOTAN At its price j ou cannot < twice its price you cam recommend and sell tl L. W. KELL McCOE Mowers ai ALL REPAID AGENTS ii mv. We can furnish you Machinery oil short i get your wants filled Get a Clover Leaf S them in We carry f Columbus Abbeville M( ABBEVIL OTTON 2HOUSE ACT and E. W. Dabbs Measure Which ill Meet Deci= -erne Court. titimi. is Hit! foundation of wealth, be [ .'uiso it reduces tho cost of production and makes for ollieieney and eeonoirty in plac ing commodities 011 the market. Fellow farmers, it is only in our business where the okl-time brutal law of "the sur vival of the fittest" remains of force. We ilone are competitors, one with the other, n the markets of the world. With the sovereign power of the State governments jehind them, let the cotton planters, with liif regard to the laws of supply and de nutid, market tln-ir cotton only when de- ; uand insures a fair profit, taking cure of j lie surplus as do the produceisof iron, | opper, coal and other standard necessi- < ics of life. j Cotton forncrMtoiiP International , Finaiipp. 1 The marketing of cotton is of world- i vide import, because, since the adoption .r ?lw? .'..I.I I.nc to he very cornerstone of international lin mce. It is through cotton tliat the United | Hates controls the balance of the world's ( ,rade, and the South, having a natural , uonopoly in its production, has it in her | ?o\ver, through wisely directed effort, to . argely dominate the linances of the Unit ;d States instead of occupying the sub servient position she does today. What FIxch the Price ? Political economists are agreed that the >rie<* of commodities ulwiiys advances or - leclines automatically as the measure of ralue increases or decre.ises. If the quan titative money theory then 1je correct it ueans that if the snrmlv of cold lnereaaes n proportion to the increase in business transactions, that prices hold steady and prosperity reigns. Per contra, with a dimin ishing gold supply, and an increasing vol ume of business, prices decline and hard times come. Applying these basic principles to cot ton. what do we Jlntl ? 1. Cotton is an export crop, the surplus sold abroad fixing the price of that which enters into domestic consumption. 2. This being true, the price of cotton is fixed, not in relation to the supply of gold in the United States, but in the cotton manufacturing centres abroad. There is no other great world crop bear :ix j'i-l the relations to the financial sys tem that cotton does. Wheat, grain, wool and meat are world wide products, a fail ure in one region is compensated by over production in another. World wide con sumption and restricted area of produc tion i~ what makes cotton "Icing." IIuv?> Me (train* to Nolvc Problem ? After tlit1 panic of 1S93 and the settle ment of tin' fit*; .silver question, the jjreat linanciers in New York were quick to take be Coffee Crop peciaily prepared iti ic^'s Good Coffee ced in dainty, damp new-preserving cans; L coffee of top-notch Only One dealer Coffee Jupficate its quality; ^ not find a better. We his coffee exclusively ER & BRO. MICK id & IN STOCK 5 FOR arvester Co. all kinds of Farm lotice. See us and in advance. Dreader. We have stock. ull line of ) Wagons itor Car Co., LE, S. C. advantage of the monoply in cotton pro duction to turn exports of gold into im ports;, thereby "restoring confidence" and 'prosperity. New York lias steadily each fall drained Europe of her gold reserves by demanding pay for cotton in gold. Watch the imports? dining September, Oc tober and November. It is these which within lii years have transferred the cen tre of the financial world from the banks of the Hague to the banks of the Hudson and made Morgan, not Kothsehild, its king. Each year the foreign balance of trade is just about equal to the value of Southern cotton sold abroad. Has the time come when Southern gen lus aim nouuiurii suiwsiiiiuibiiip isnjuai to the tusk offered us of God ? ('an we turn to our own advantage an opportunity greater than any people have had since Canaan was offered a free Rift to the chil dren of Israel ? At present we "make brick without straw" and the hand of the "task master" is heavy. Our crop is produced and the expenses are paid, not in money, but cred it paper, whose redemption in gold is un heard of; at least 90 per cent, of all the business transactions connected with mak ing the crop is by check, draft or "prom ise to pay." When it comes time to mar ket the crop abroad where the price is Us ed, payment is demanded in gold, and the actual shipment of the metal itself l?e arins. This gold does not enter circulation, but is locked In vaults of New York to maintain a commercial supremacy in which the South is not permitted to share. A Vittion of the Future. We have a vision of the time in the near future when through this syst?ru, South ern ports will become the cotton distrib uting points of the world, and Southern banks, the channel through which shall How this steady stream or gold, which fructifies the commerce of the nation. At present wc permit each year the pur chasing power of our customers abroad to bo depleted for an advantage to New York which is a positive injury to us, because of the steady fall In cotton prices result- ' in>r. A mere statement of the proposition reveals the economic blunder which holds the South in bondage. ^ It is unjust to European spinners as it is 0 cruel to Southern planters. It is generou6 A only to the gamblers who exploit spinner ' and producer. The remedy we propose is to bring the producer and the spinner together through i a system of government warehouses, t which will, as sure as fate, become the 1 basis of a foreign and domestic system of < banking, which will reduce interest rates and regulate money to its only legitimate function?a medium of exchange. "State"* Itifflitx." TIip iwpnt derision of the sunrome court is of far-reaching effect, greater, perhaps, 1 than any of us now realize, for it gives a broad interpretation of the powers of the State in protecting her citizens from com b nations which would confiscate property by destroying the profits arising there from. The South Carolina decision marks a new era and will be the authority most <1 noted in the social and industrial ques tions now pressing for solution. The objections to the bill were on tech nical questions, and the broad door to the police powers of the State was opened wide by the court. It would be historical ly fit, should the trust question threaten ing the security of the nation be settled by South Carolina leading the way back to "State's Rights" and the reserve powers of the people vested in their State legisla tures No better illustration of the effective- , ness of the scheme which we propose could bo found than in the crop just marketed. ' In October, under the impact of a crop estimated at 14% million bales, cotton de clined to 8 cents. This summer, when the * crop is known to be not much under 17 ' million bales, cotton has been selling: at in- v terior towns around 13 cents, a difference of about #25 per bale. Twenty-live dollars a bale on 800,000 bales so sacrificed of the 8 crop in South Carolina last year would } amount to $'20,000,000. We call your atten- 1 tion to the undeniable fact that this enor- ' nious loss has fallen directly upon the 8 planter*. The banker, merchant and fer- c tilizer factory have been paid in full or e are getting interest on balances carried over. The railroads received exactly the ^ sa me freight per bale on carrying the larg- , est crop ever produced. Where Lohm on IiiiKt Crop Fell. w tunnel aui your uituiiiiun 10 uijolij or fact in connection with this loss: Among ^ tin* planters it lias fallen most heavily on the smaller ones, those least able to stand j it, because the planter with money or es- ^ tablished crcdit was able to warehouse his Xi cotton and realize from 11c to 13c for It. | We debated in our minds for some time ? the feature of a direct appropriation from j the State and finally concluded that it was c best to let the cotton crop take care of it- v self in the manner suggested in the bill. Will Make ('ouNiunerM Taj- ExjtenNf* p Heretofore, under our methods of mar- s keting in competition with each other, all t charges, including transiKirtation, have t been borne by the producer. Under the b scheme proposed, tiie expense of market- t ing will be in the nature of a tax 011 con- i1 sumption, shared by the consumers of cot- 6 ton the world over, and every economy a which can be introduced will insure to the Ijenefitof both producer and consumer. s Tn thi> Hmilivru Wo desire to call the special attention of the bankers to the report of the banking ? committee of the State union, and we earnestly request the assistance of our 0 banks, ahd suggest, that they arrange uow S to secure sufficient funds or get assur ances of extension which will avert the r disasters of last fall. Your profits, gen- ^ tleiuen. depend very largely ou the sur plus which farmers are able to deposit ^ with you after settlement of the expenses of the crop; therefore, we confidently ex . c pect your cooperation. To the Manufacturer. \ To the manufacturer: We say that this 1 bill does not seek to deprive you of just c nrnfits Wi> rp^oirnizn f.lm tliftt. our product is without value until your spin- f dies change it into cloth. It is to you we fc look for that extension of trade and a do- ' velopment of new markets which creates i an ever widening demand for American cotton. The inspection, grading and les- I sening of marketing cost, enables us to f give you cheaj>er raw material and there- t by increase your profits as well as ours. t To the Laboring Man. * To the Laboring Man: We say, the more money our cotton brings in from abroad . the demand for your labor, and the higher | wage you can demand, whether in the fac- ( torv, workshop or the farm. ( The tendency is toward congestion in , the city, which means competition between ( j laborers. Help us increase the profits on c W. / ho farm to a point where labor from the ountry will not 6eek the town to compete vith you and make still higher the cost of iving. Ar Appeal to <?ood Government. In conclusion, fellow citizens, as we re vere the past and hope for the future, wo that the time has come in South Caro ina for an uplift political, social and ln lufctrinl. E. W. Dabbs, President; Jno. L. McLaurin, Committee State Farmers' Union. The lJlll. ' Bill to Regulate the Ginning, Baling, In specting. Warehousing and Marketing of Cotton and Other Products. Whereas, cotton is the great money crop )f this State and annually brings into the channels of our trade $60,000,000 to $100, \AA AAiV > .....I /UV,WU , illlll, Whereas, no commodity known to the world's commerce is marketed in such dis reputable condition as to size and shape of packages, mixed contents and scarecrow jovering. And whereas, no other commodity of any mportance known to the world's com merce is marketed with such utter disre gard of the laws of trade. In the language of the statute of 1789, 'Whereas, It is necessary tobacco should >e inspected before the same is sent to oreign markets, as well to prevent fraud jetween the buyer and seller as to prevont ;hat article (the growth of this State) from jeing brought into disrepute abroad." i Sow, therefore, Be it enacted, That in the ex"rciso of the | )olice powers of the State and for the com- j non defense, a State inspection and cotton > vat-chouse system is hereby established. I. That Richard Roe, John Doe and rhomas Blank are hereby constituted and ippointed a commission to carry out the jurposes of thi6 act. Their terms of serv ce shall be two, fouraud six years respoc iveiy, and upon the expiration of their re pective terms, the election of their suc cessors ?hall be for a term of six years tach. II. It shall be their duty to study the onditions wilder which cotton is grown, larvestcd, ginned, baled, stored and mar keted, and as a result of such investiga ions, to organiz<- a system that will bring .bout needed reforms, and provide for the nost economical and scientific handling of his great crop from the lieldstothe mills, i III. It shall be their duty, when they lave determined upon the best system of finning, baling and covering, to recora uend its adoption by all ginners as fast as racticable without undue expense, it being inn i\f f lm t\f 4lnc oof In hnrn 11 tin. [orui bale, that will make South Carolina j otton distinctive in all the markets of the ! rorld. IV. They shall have the j>ower to ap- j >oiut as many inspectors as may be neccs-1 ary to see that the ginneries are kept up i ') the proper degree of efficiency, whether i hey be private or public gins; that proper i lagging and ties are being used; that | here is no false packing or excess tare be- j ug used, and any other duties found nee-; ssary to carry out the purposes of thisj ict. V. It shall be the duty of this comuis iou to establish by lease, purchase or | luilding as many warehouses as may be j ound necessary to properly store and to gradually market the cotton crop of this itate, and to appoint managers and such ither employees as may be found neces ary to handle the business in an economl al but thoroughly ellicient manner. VI. It shall be the duty of the said eom nission to receive for storage all lint cot 011 properly baled and issue its receipt, leriaily numbered, clearly setting forth ho weight, grade and length of staple, so is to be able to deliver the identical bale >11 surrender of tlio receipt for the same, Liid receipt to bo transferred only by vritten assignment and the cotton which t represents delivered only upon the pro luction of the receipt, which is to be ruark >d "Cancelled" when the cotton is taken rom the warehouse. And the State of krnth Carolina, in the exorcise of her po ice powers, will carry out the provisions lerein set forth. VII. The inspection tags hereinafter )rovided for, and the warehouse receipts ibove named, shall be so dosigned that -he brand "South Carolina" will be unmis takable, the Palmetto tree, with a bale of :otton lying at its roots, and the shield of ,he State on either side. VIII. To provide for the establishment uul maintenance of this system an inspec tion fee shall be paid of 25c, per bide on all short staple cotton, Sue. per bale on all sxtra staple cotton, rl.00 per bale on all sea island cotton grown or offerred fol iate in the State. Evidence of the payiuent of the fees G Do Somefhin< Yon YOU will load your wagon thousant hard-running. Whether loadet half to two-thirds what it is o Notice the large illustration of the r flight draft and long life ever put on nnr t rn nr a THE DAV1 nuLLtivum WAG every good qnallty you pet in any and durabiltv. It Is guaranteed to car rolled into Its strongest forms and trussed like a ong round spokes forged solidly into the hubs and k loose. No tires to set; no breakdowns; no ret A LIFETIME One Davenport Is al service of the best w< OME TO c, above stated shall be by an Inspection tag setting forth the weight, grade and length of staple of each bale of cotton under reg ulations to be provided by the commis sion. 9. In fixing the charges for handling and storing cotton the said commission shall bear in mind that It Is the purpose of this act to establish a system which shall be self-sustaining, and provide the facilities to market the cotton crop of this State at a minimum of cost to the pro ducer. 10. The inspection fees provided in thi6 act shall begin on July 1, 1912, and shall then apply to all cotton carried over from the old crop or new cotton coming in. 11. By reason of the fact that the cot ton crop now matures so much earlier when the cotton year was fixed from Sep tember 1 to August 31, the cotton year un der this svsteni is herebv declared to be from July 1 to June 30 of each year. 12. The commission shall make annual reports to the general assembly. 13. The commission shall give bond to the State of South Carolina in the sum of $50,000 each, conditioned for the faithful performance of their duties. And shall require good and sufficient bonds of all employes in such amounts as they may deem necessary to protect the public iii i tcrests, and shall keep fully insured all j warehouses and all cotton or other com ! inodities on storage in tho same. 14. To encourage a diversified agricul I ture the commission are directed to utilize ' the said warehouse for tho storage of corn, hay, oats, peas and other lion perish able farm products put up in commercial packages during such times as there may be room, and on such terms as will cover cost of insurance and storage. 15. The said commission are hereby authorized and emoowered to make such rules and regulations as they may deem necessary to carry out the intent and pur poses of this act, not inconsistent with the provisions hereinbefore specifically set forth. l?. The salaries of the commission are hereby fixed at $5,000 each i>er annum, payable monthly, and transportation when in discharge of their duties, with actual hotel bills -when away from their homes on duties connected with their office. And they shall fix the salaries of all employes with a view to economic but efficient sen-ice. 17. All moneys collected under the pro visions of this act shall be turned into the State treasury monthly, and shall be held by the State treasurer as a soparate fund for the purposes of this act. All warrants for salaries and other expenses provided for in this act shall bo accompanied by itemized vouchers and approved by the commission and the comptroller general, before payment by the State treasurer. 18. To put this act into immediate ef fect, the sum of $50,000 be, and the same is, hereby appropriated out of any money in the State treasury not otherwise appro priated. 19. All acts and parts of acts inconsis tent with this act be, and the same are, hereby repealed. ASKS FOR RECEIVER AND FOR ACCOUNTING J. Frank Clinkscales, Esq., attorney for plaintiff, appeared before Chief Justice Gary at chambers last Friday and secured a temporary injunction in the case of H. Woinraub against Nathan and Samuel Cohnne. The suit is for J424.SH and for the appointment of a receiver and an account ing, the complaint alleging that defend ants failed to carry out an agreement to sell tfoods on commission. The motion for a permanent injunction restraining de fendants from selling any more of plain tiff's eroods and from collecting any more accounts for goods already sold will be heard before Chief Justice Gary today at chambers. Auto Sales. Anion# sales of automobiles for the past week are the following, made by J. W. Mc Kee, Jr.: Mr. J. F. C'linkscales, an E. M. F. Mr. W. G. Chapman, nn E. M. F. Mr. J. M. Bell, a 5-passenger ford. A. 8. Jones, of the Lee Pharmacy, Chico, L'al., who has handled Foley & Co.'s inediciues for many years, says : "I consider thai Foley's Honey and Tar Compound has no equal, and ia the one cough medicine I can recom mend a* containing no narcotics or other harmful properties." The gen uine in a yellow package. McMurray Drug Co. i g for Your Boy Your W Is of times?that mean.'; thousands of unccc 1 heavy or light, the draft on a Davenpoi n other wagons. Is it not worth while i oiler bearings. It is found only on the Da any wagon. But that is not all. You gel wagon. It Is the wagon of strength ry 5000 lbs. on auy road. Its gears are bridge. It combines lightness and strength. Tht; hot-riveted in the tires. There's nothing to dry >airs. Has the automobile hub. Oil without remo> 1 you will ever need buy. It will give you twice tl joden wagon. SEE! U touch with the Up Country. Great demand for graduates. Let us pre pare you for an inde pendent career. We teach everything1 in commercial branches. Address Spartanburg, or Anderson, S. C. Insure Y< and F This is the season o too much green food anc stock. The premium is used for farming purpose gy animals. We msurei WRITE OR Abbeville Insm J. E. McUAV SCHOOL Tablets In General Schc Speed's D] Buy C We are overstocked rial and are maki make room lor otin in every day CALL TO r mi The Lumbi A. M. HILL & Our Motto: Fresh shipment of G day. Ring 126 a our Groceries are w Headquarters for Whi ton's Teas, Ferris I Everything Sold Under A. M. HILL RT orses When agon cssary pulls for your team if the wagon 19 t Roller-Bearing Steel Wagon is only a to consider your horses when you buy? vpnnort and it is the cieatest feature for 30% to 50%. Lighter < Draft Figure bow many Umm*) sand horsepower these roller bearings will MVt you cacti yearv ERT Hay fever and asthma make August a month of intense suffering to many people. Foley's Honey and Tar Com pound gives prompt ease and relief, and is soothing and healing to the in llamed membranes. Wm. M. Mere thew, X. Searsport, Me., says: "A few doses of Foley's Honey and Tar Compound relieved me of a severe at tack <rf asthma and less than a bottle caused a complete cure." Refuse sub stitutes. McMurray Drug Co. >ur Mules iorses f year when hard work, 1 bad corn will kill your $7 per $100 on animals :s, and $6 per $100 on bug d 27 head last few days. PHONE US nee & Trust Co. ID, Secretary. J BOOKS Pencils K >ol Supplies. rug Store. I heap! I on Building Mate ng good prices to er material coming SEE US. 1 fipnn'r F(i lni* i HuPllll Uu? lllu. er People," tCOMPANY THE BEST roceries arriving each nd be convinced that, rhat we claim for them. .te House Coffee, Lip lams. an Absolute Guarantee COMPANY.